CannabisNewsBreaks

MondayNov 04, 2019 2:31 pm

CannabisNewsBreaks – OrgHarvest, Inc. (OTC: ORGH) Receives SEC Approval to Extend Reg A+ Offering

OrgHarvest (OTC: ORGH), the first U.S. based cannabis cultivation company to achieve a Regulation A+ qualification, today announced approval from the Securities and Exchange Commission (“SEC”) for a 12-month extension on OrgHarvest’s Reg A+ Offering. According to the update, the company’s management indicated that the timing of this extension was nearly perfect, particularly as OrgHarvest has completed and filed with the SEC a GAAP Audit via Black Rock Consulting in anticipation of becoming a fully reporting company. OrgHarvest plans to upgrade its securities to the OTCQB at the end of 2019 via a PCOAB audit. “Things are all slowly falling…

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MondayNov 04, 2019 1:26 pm

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Appoints Senior Vice President of Commercial, Strengthens Sales Strategy

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced that Joel Toguri has joined the company as its senior vice president ("SVP") of Commercial. According to the update, Toguri’s responsibilities in this role will include establishment and oversight of the company's provincial and retail sales strategy across all brands. "Mr. Toguri's impressive career spans the cannabis, beverage alcohol and apparel industries. He brings over 20 years of regulated industry knowledge and pertinent cannabis distribution expertise to Supreme Cannabis.  It is a privilege to welcome a proven and skilled leader to our continuously improving team," Supreme Cannabis CEO Navdeep…

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MondayNov 04, 2019 12:56 pm

CannabisNewsBreaks – Neutra Corp. (NTRR) Announces Payment of Convertible Notes, Looks Forward to Strong Finish for 2019

Early-stage research and development company Neutra Corp. (OTC: NTRR) today announced its payment of two convertible notes in recent months, thereby reducing the company’s short-term debt by $373,940 and putting it in a strong position as the year comes to a close. According to the update, repayment of the notes continues a string of success for Neutra over the past 10 months, including several important completed acquisitions, as well as one now pending. “This is a sign of tremendous forward progress for our Company,” Neutra CEO Sydney Jim said in the news release. “Retiring these notes on time shows our…

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MondayNov 04, 2019 12:04 pm

CannabisNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Completes BeneYOU, LLC Acquisition

Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company operating in three distinct business segments, today announced that is has closed the acquisition of BeneYOU, LLC's assets with an effective date of November 1, 2019. According to the update, BeneYOU's flagship brand Jamberry has a core competency in social selling with an extensive line of nail products, Avisae focuses on gut health and M.Global delivers hydration products. "We are proud to welcome the customers and distributors of Jamberry, Avisae and M.Global into our organization and we look forward to showcasing all of their exciting products to Youngevity distributors and customers…

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FridayNov 01, 2019 2:33 pm

CannabisNewsBreaks – VPR Brands LP (VPRB) CEO Commissions Presidential Candidate Study Regarding Cannabis Issues

Fort Lauderdale, Florida-based VPR Brands (OTCQB: VPRB), a multivertical, tiered, technology holding company, is keeping a close eye on the 2020 presidential race to see where the contenders stand on cannabis issues. An article discussing the company reads, “Kevin Frija, the CEO of VPRB, commissioned a report (http://cnw.fm/ov0Ig) to outline where the 2020 presidential hopefuls stand on this critical issue. Journalist William Freedman was sponsored by VPRB to investigate what the nearly 30 candidates have been saying and doing about cannabis’ future in America. The purpose of the report was to provide clear, factual data to voters interested in the cannabis…

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FridayNov 01, 2019 1:55 pm

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Debuts Best-Selling Edibles in Nevada Cannabis Market

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a leading cannabis-branded products company in the United States, recently released its infused-gummies product line, which contains the two best-selling cannabis products in California, in Nevada (http://cnw.fm/Hp6zE). An article discussing the company reads, “With the top-selling gummies brand in California and 21% of the gummies market share there in Q2 according to BDS Analytics, Plus Products is ready to move on to its next key objective: growing its brand through new markets, new products and new consumers. The company is acting on this by moving into the Nevada market as well as launching into…

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FridayNov 01, 2019 11:06 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Proprietary Drug-Delivery System Featured in Peer-Reviewed Medical Journal

Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP), a global innovator in drug-delivery platforms, recently announced that results of a 2018 clinical study evaluating the use of its proprietary drug-delivery system have been published in the peer-reviewed medical journal Advances in Therapy. (http://cnw.fm/s1Ue7). An article discussing the company reads, “In its report, Advances in Therapy also referenced a second study published recently by a separate group of researchers that evaluated a comparable CBD dose with bioabsorption findings representative of the cannabinoid-edibles industry sector in general. The results indicate that the rate of bioabsorption of the CBD from the competitive 100 mg formulation was…

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ThursdayOct 31, 2019 3:15 pm

CannabisNewsBreaks – IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) (FRA: IB3) Sets Sights on National Expansion

Tacoma, Washington-based cannabis holding company IONIC Brands (CSE: IONC) (OTC: IONKF) (FRA: IB3) is planning to expand its footprint throughout the United States, and aims to reach at least 318 stores in California and 225 stores in Oregon by January 2020. An article discussing the company reads, “The flagship product for IONIC is its vape pen line, which has done well in the marketplace, particularly in Washington state. This vaporizer product is currently ranked in the top 10 of such products in Washington state, which suggests that expansion into other states and distribution centers will likely be successful. Overall, vape…

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ThursdayOct 31, 2019 2:53 pm

CannabisNewsBreaks – Kanvas Launches Certified Child-Resistant Disposable Vaporizer

Kanvas(TM), a creator of innovative solutions designed to elevate the user experience for legal cannabis and cannabidiol (“CBD”) consumers, this morning launched its child-resistant disposable vaporizer, becoming the first company to produce an all-in-one hardware solution that passed rigorous child-resistant testing. Kanvas developed the child-resistant vape pen using a push-and-turn technology that disengages the battery to prohibit device operation. The patent-pending solution was tested by an accredited laboratory to meet the Consumer Product Safety Commission’s (“CPSC”) standards for child-resistant packaging. “We are proud to be the first in our industry to introduce an end-to-end vape solution with certified child-resistant functionality,”…

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ThursdayOct 31, 2019 10:01 am

CannabisNewsBreaks – Sugarmade, Inc. (SGMD) Acquires BZRTH Inc. as Part of Roll-Up Strategy to Create Dominant Force in $24B Global Hydroponics Market

Sugarmade (OTCQB: SGMD), a major supplier to the hydroponic cultivation and hemp sectors, today announced the closing of its acquisition of BZRTH Inc., a leading ecommerce supplier to the rapidly expanding hydroponic agricultural space. Sugarmade expects that the new combined entity will drive EBITDA profitability, net-positive cash flows, and top-line sales of $37 million on a forward basis. “As of today, Sugarmade is one of the largest publicly traded hydroponics companies in the world,” SGMD CEO Jimmy Chan said in the news release. “The most important idea we want to convey to our committed shareholders right now is that this…

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